|Birth Day:||December 25, 1918|
|Death Date:||April 14, 2017(2017-04-14) (aged 98)
Pittsburgh, Pennsylvania, U.S.
|#1||Juliet Lea Hillman Simonds||Children||N/A||N/A||N/A|
|#2||William Talbott Hillman||Children||N/A||N/A||N/A|
|#3||Henry L. Hillman, Jr.||Children||N/A||N/A||N/A|
|#4||Audrey Hillman Fisher||Children||N/A||N/A||N/A|
|#5||Henry J. Simonds||Grandchild||N/A||N/A||N/A|
As per our current Database, Henry Hillman died on April 14, 2017(2017-04-14) (aged 98)
Pittsburgh, Pennsylvania, U.S..
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Hillman attended Shady Side Academy in Pittsburgh, the Taft School in Watertown, Connecticut, and Princeton University, where he earned an A.B. degree in geology in 1941. He enlisted in the Navy before the United States entered World War II in December 1941 and served first as an aide to Rear Admiral Randall Jacobs, chief of the Bureau of Naval Personnel. He became a Naval aviator in 1942, holding the rank of lieutenant and serving until after the war's end in 1945.
Hillman married Elsie Hilliard (1925–2015) in Pittsburgh on May 12, 1945. They had four children: Juliet Lea Hillman Simonds, Audrey Hillman Fisher, Henry L. Hillman Jr., and William Talbott Hillman. Hillman died on April 14, 2017, aged 98.
In January 1946, Hillman joined Pittsburgh Coke & Chemical, which produced and sold coke, merchant pig iron, and such coal-derived byproducts as activated carbon. J. H. Hillman & Sons (later renamed The Hillman Company) was the majority shareholder of this publicly traded firm. As vice president and a director, Henry expanded the company's manufacture and sale of finished chemicals and plasticizers. He became president of Pittsburgh Coke in 1955.
As a director of Pittsburgh's Colonial Trust Company, he worked with his father in 1959 to negotiate the consolidation of smaller banks and trust companies into Pittsburgh National Bank, ancestor of PNC Financial Services, today one of the largest financial institutions in the United States. Hillman served as a director of Pittsburgh National Bank from its founding until 1988.
The death of his father in 1959 put Hillman in charge of Hillman family holdings, which he expanded many fold. Years in advance of the growing market in private equity, he sold off industrial and chemical operations, took Pittsburgh Coke private, and remade Hillman into a diversified investment company. Just several of the scores of companies acquired and sold between the 1960s and 1990s were Marion Power Shovel Company, Copeland Refrigeration Corp, American Flyers Airline Corporation, Bahnson Service Company, Global Marine Systems, Joseph Magnin Co., Shakespeare Company, Read-Rite Corporation, Texstar Corporation, Perrigo, Exide, and Bubba Gump Shrimp Company."
Hillman was inducted into the Private Equity Hall of Fame. He was named Industrialist of the Year in 1968 by the Western Pennsylvania Chapter of the National Society of Industrial Realtors and Business Leader of the Year in 1989 by the Pennsylvania Chamber of Commerce.
One of the first to invest in private equity funds, Hillman in 1972 became a founding limited partner in the first venture capital fund of the firm Kleiner Perkins (Kleiner Perkins Caufield & Byers). Through this fund and others, as well as directly, Hillman invested in Genentech, Tandem Computers, Hybritech, and numerous other high-tech start-ups in the Silicon Valley and elsewhere. The Hillman Company was the largest single venture capital investor in the country during the early 1980s.
In 1976, Hillman became the first limited partner in the leveraged buyout firm Kohlberg Kravis Roberts (KKR). Through KKR, Hillman participated in the buyouts of, among others, American Forest Products Corporation; L. B. Foster Company; Fred Meyer; Beatrice Companies, Inc. (Beatrice Foods); Duracell; and RJR Nabisco. The Hillman Company also became what Forbes magazine described as "one of the country's largest, and lowest-profile, commercial real estate developers", with properties from California to Florida. Energy exploration and investments during this same period included early and active development of coal-bed methane, a dynamic new segment of the petroleum industry.
During his career, Hillman served as a director of Chemical Bank & Trust Co. (an ancestor of JP Morgan Chase & Co.); the Copeland Corporation (chairman 1970–1986); Cummins Engine Company, Inc.; Edgewater Steel; General Electric Company; Global Marine Systems; Marion Power Shovel Company; Marquette Cement Manufacturing; Merck & Co., Inc.; National Steel Corporation; Nichols-Homeshield Inc.; Shakespeare Company; Texas Gas Transmission (chairman 1959–1975); and Wilson Marine Transit. He stepped down from active management of The Hillman Company in 2004. As chairman, he remained active in the company's governance.
In 2012 Henry began to give additional annual contributions to the Henry L. Hillman Foundation to support community efforts and organizations that drive the development of new ideas across the nonprofit sector in Pittsburgh.
Currently, Henry Hillman is 102 years, 8 months and 28 days old. Henry Hillman will celebrate 103rd birthday on a Saturday 25th of December 2021.
Find out about Henry Hillman birthday activities in timeline view here.